Rent Obligations. For the period commencing on March 1 through the Closing Date, Purchaser shall pay $15,000 per month as rent for the site with regard to the Business Location (the “Rent Reimbursement”). It is expected that the current lease agreement will be transferred and assumed by the Companies and said Companies shall assume any liability or costs, including liquidated damages, for early termination of said lease for the site where the Companies are permitted.
Rent Obligations. Any failure on the part of Tenant to pay Rent or to perform or comply with any of the covenants, agreements, terms or conditions contained in this Lease on its part to be performed or complied with and the exercise by Landlord of any remedy provided in this Lease with respect thereto;
Rent Obligations. The Borrower will not create or permit, and will not permit any Subsidiary to create or permit, any obligations for the payment of rent or occupancy of premises with respect to operating leases in the aggregate for the Borrower and its Subsidiaries, in any fiscal year of the Borrower set forth below in an amount in excess of the amount set forth opposite such fiscal year: Fiscal Year Rent ----------- ---- 1996 $33,000,000 1997 $37,500,000 1998 $39,500,000 1999 $41,500,000 2000 $43,500,000; provided, that in the event the Synthetic Lease Obligations shall at any time constitute capital lease obligations, or any stores subject to the Synthetic Lease Documents (other than the stores located in St. Xxxxx, Xxxxxxxxx xxx Xxxx Xxxxxxx, Xxxxx) are sold, the amounts set forth above shall be reduced by the amount of rent (or the relevant portion thereof) payable under the Synthetic Lease Documents subsequent to such event.
Rent Obligations. For the balance of the term of the Master Sublease, CSI shall pay monthly rent of $11,006.25 and CMG shall pay monthly rent of $16,837.50.
Rent Obligations. Tenant's obligation to pay Rent shall not be discharged or otherwise affected by (a) any Applicable Laws now or hereafter applicable to the Premises, (b) any other restriction on Tenant's use, (c) except as expressly provided herein, any casualty or taking or (d) any other occurrence; and Tenant waives all rights now or hereafter existing to terminate or cancel this Lease or quit or surrender the Premises or any part thereof, or to assert any defense in the nature of constructive eviction to any action seeking to recover rent. Tenant's obligation to pay Rent with respect to any period or obligations arising, existing or pertaining to the period prior to the date of the expiration or earlier termination of the Term or this Lease shall survive any such expiration or earlier termination; provided, however, that nothing in this sentence shall in any way affect Tenant's obligations with respect to any other period. Except as expressly provided in this Lease, Tenant, to the extent now or hereafter permitted by Applicable Laws, waives all rights now or hereafter conferred by statute or otherwise to quit, terminate or surrender this Lease or to any diminution, abatement or reduction of Rent payable hereunder.
Rent Obligations. Create or permit any obligations for the payment of rent or occupancy of premises with respect to operating leases in the aggregate for the Borrower and its Subsidiaries, in any fiscal year of the Borrower set forth below in an amount in excess of the amount set forth opposite such year: Fiscal Year Rent 1998 $26,000,000 1999 $28,000,000 2000 $30,000,000 2001 $32,000,000 2002 $34,000,000.
Rent Obligations. Landlord is not charging the Tenant a monthly or annually rent amount for the term of this Agreement.
